The silver piece of eight, or Spanish colonial real, was the coin used all around the world. King Charles of Spain's profile in soldier's dress with laurel wreath shows on the front of coin with "CAROLUS IIII DEI GRATIA 1800" inscribed around the edge. "HISPAN ET IND REX M 8R I J " and crowned Spanish arms between the Pillars of Hercules show on the reverse. This particular coin has numerous "chop marks" showing that it circulated in China. It is rare for a coin to tell us where it has been! An article in the August 28, 2017 issue of Coin World noted that a 1775 accounting of George and Martha Washington's coins and paper money listed "silver dollars, 500@6/", or Spanish colonial 8-real coins at 6 Virginia shillings each, plus five English half crowns and 14 "doubloons". A copy for the article is included with your purchase. Silver pieces of eight were legal tender in the U.S. until 1857. Coin is approximately 1 ½" in diameter. This is an original coin, not a reproduction.